A premier mixed-use property that combines prime commercial space with residential units. This building is located in the heart of Brooklyn's most vibrant neighborhood, and offers a rare opportunity to own a piece of this thriving real estate market,R6 zoning, C2-3, land 40x92.5. Commercial and residential buildings can be built up to 9000 feet (consult the architect for details) There is a restaurant + 99 cents store+one apartment upstairs, Public transportation options, including subway and bus lines, are just steps away, making it easy to get anywhere.
A premier mixed-use property that combines prime commercial space with residential units. This property is located in the heart of Brooklyn's most vibrant neighborhood, and offers a rare opportunity to own a piece of this thriving real estate market,R6 zoning, C2-3, LOT 20 ft x 92.5 ft. 1F Restaurant is collecting rent 4800/Month. Public transportation options, including subway and bus lines, are just steps away, making it easy to get anywhere , Whether you're looking to invest in a prime commercial space or to live in one of Brooklyn's most sought-after neighborhoods, it is your best opportunity to choose.
Welcome to 1240 Union Street, a charming 16-unit apartment building in the heart of vibrant Prospect Lefferts Gardens, Brooklyn. Located in a Qualified Opportunity Zone # 31,900 making it perfect for the Exchange buyer. This Building has several attractive features with large apartments and an average unit size of 1,000 sf, this building is a must-see for any discerning real estate investor. The building boasts four stories of walk-up apartments, totaling 15,968 sf of living space. Each unit is thoughtfully designed for comfort and convenience in mind, featuring modern amenities that are sure to appeal to a variety of tenants. The building currently has 1 vacant unit and 15 occupied units, a testament to its desirability and value. Located near numerous local shops and restaurants, 1240 Union Street is ideally situated for easy access to all that Brooklyn has to offer, for eg: Prospect Park, Brooklyn Botanical Gardens and Brooklyn Museum are minutes away. Residents can take advantage of the area's endless restaurants, cafes, and cultural attractions, or hop on the nearby subway for a quick commute to Manhattan or other parts of the city. Nostrand Ave Subway Station half a block away has 2,3 & 4 train and President Street Subway also half a block away has 2 & 5 lines. B44 & B 49 are also nearby. With low rents, there is plenty of upside and an attractive cap rate going in. Don't miss your chance to own a piece of one of Brooklyn's hottest neighborhoods - schedule a viewing of 1240 Union Street today!
The median home value in Brooklyn, NY is $677,200. This is lower than the county median home value of $756,900. The national median home value is $338,100. The average price of homes sold in Brooklyn, NY is $677,200. Approximately 30.01% of Brooklyn homes are owned, compared to 60.51% rented, while 9.48% are vacant. Brooklyn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brooklyn real estate agent to arrange a tour today!
Brooklyn, New York 11225 has a population of 8,736,047. Brooklyn 11225 is less family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 28.9%.
The median household income in Brooklyn, New York 11225 is $70,663. The median household income for the surrounding county is $67,753 compared to the national median of $69,021. The median age of people living in Brooklyn 11225 is 37.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 46.6 inches per year, with 25.3 inches of snow per year.